How Much Medical Insurance Do I Need? A Complete Guide to Choosing the Right Coverage

How much medical insurance do i need

Medical emergencies are unpredictable, and growing healthcare charges make medical health insurance a necessity in preference to a luxury. But how much medical insurance do i need? A ₹5 lakh coverage might have been sufficient a few years in the past, but with increasing hospitalization expenses, lifestyle diseases, and inflation, you can want a higher … Read more

What is Zero Depreciation Bike Insurance? Benefits, Coverage & Claim Process

what is zero depreciation bike insurance

Owning a motorbike in India comes with several duties, and one of the most critical is having valid coverage. Standard comprehensive bike coverage covers damages, but there’s one capture—depreciation deduction. This approach, for the duration of claim settlement, the insurer reduces the declare amount primarily based at the depreciation of motorbike parts.To keep away from … Read more

How to download insurance copy of bike​ Online?

How to download insurance copy of bike​ Online

Having a valid bike insurance policy is important for each -wheeler proprietor in India. Whether it’s a 3rd-celebration or complete policy, it’s far mandatory as consistent with the Motor Vehicles Act, 1988. However, every so often we misplace or lose the bodily copy of our motorcycle coverage. In such instances, you could easily down load … Read more

How to claim 3rd party insurance​ in India

How to claim 3rd party insurance​

Third-celebration insurance is a mandatory requirement for all car proprietors in India, as according to the Motor Vehicles Act, 1988. It affords economic safety towards damages or injuries precipitated to a third party (different people, cars, or belongings) because of an accident regarding your insured automobile. However, many people are blind to the technique worried … Read more

What Are the 7 Principles of Insurance? A Complete Guide

What Are the 7 Principles of Insurance

Insurance is a financial device that gives safety against sudden losses. Whether it’s life coverage, medical health insurance, or motor coverage, all policies follow fundamental policies that make certain equity and reliability. These rules are referred to as the 7 ideas of coverage. They help preserve trust between the insurer and the insured whilst ensuring … Read more

IMT 23 in insurance meaning, Benefits, and How It Works

IMT 23 in insurance meaning

When shopping a business automobile coverage coverage, you may stumble upon numerous endorsements that alter the standard insurance. One such critical endorsement is IMT 23. This endorsement mainly offers with the inclusion of lamps, tyres, tubes, mudguards, bonnet, bumpers, headlights, and paintwork (of the damaged component handiest) in case of an coincidence.Many industrial car owners … Read more

What is MDRT in Insurance? Benefits & How to Qualify

what is mdrt in insurance

If you are an coverage agent or planning to construct a career in the coverage enterprise, you might have heard of MDRT. It is a globally identified achievement that units top-acting coverage professionals apart from the relaxation. MDRT stands for “Million Dollar Round Table,” an elite association of the sector’s main coverage retailers and monetary … Read more

DRA certificate fees

DRA Exam Fees in India

If you are making plans to become a Debt Recovery Agent (DRA) in India, passing the IIBF DRA certification examination is mandatory. This examination guarantees that agents running in banks and NBFCs observe felony and moral debt recovery practices. But earlier than you apply, you should realize approximately the dra certificate fees, eligibility, syllabus, and … Read more

Repudiated Awaiting Insurer Concurrence

Repudiated Awaiting Insurer Concurrence

Dealing with an insurance declare rejection may be frustrating, especially whilst you encounter a standing like “Repudiated Awaiting Insurer Concurrence.” If you are uncertain what this indicates, you are now not alone. Many policyholders face this case but don’t fully understand their rights or the subsequent steps to take. In this weblog, we’ll spoil down … Read more